STOXX Europe 600 slipped about 0.2% on Friday as a four-day record run lost momentum; industrials and consumer names led declines while oil stocks rose after a small uptick in crude. The index hit its first record high since August on Wednesday and a fresh peak on Thursday. U.S. equities eased amid volatility around NVIDIA; STOXX 600 is set for roughly a 2.2% weekly gain, its biggest since July, outperforming the U.S. market. Goldman Sachs strategists expect European earnings growth to slow from

Prime London house prices fell 6.6% YoY last month and remain 9.4% below pre-pandemic levels, LonRes data show. Sales volumes in high-end pockets such as Mayfair and Belgravia were down 17.5% versus October last year. LonRes research head Nick Gregori said some buyers and sellers delayed transactions ahead of last month’s budget and that November and later data will be needed to judge whether unchanged policy reassures the market and releases suppressed activity. Successive chancellors have increased taxes on the UK’s most expensive homes, and from April 2028 properties valued above £2m will face a so-called mansion tax. Additional tax reforms and a wider perception of a less business-friendly UK are weighing on London’s appeal to the super-rich.

Germany's Economy Ministry says leading indicators have stabilized, but the recovery has not yet passed through to the labor market.